5 El Vado Drive, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$975,000
5 El Vado Drive, Rancho Santa Margarita, California 92688
3Beds
3Baths
1,495Sqft
2,600Lot
Year Built
1998
Close
-
List price
$975K
Original List price
$1.02M
Price/Sqft
-
HOA
$85
Days on market
-
Sold On
-
MLS number
OC25166619
Home ConditionGood
Features
Patio
View-

About this home

Stylish Starter Home with Loft in Prime RSM Location with no local HOA other than SAMLARC. Welcome to this fabulous 3-bedroom plus loft home, ideally situated in a highly desirable neighborhood of Rancho Santa Margarita. Thoughtfully upgraded and impeccably maintained, this home offers both comfort and designer style throughout. Step inside to discover rich, dark beveled hardwood floors complemented by custom baseboards and elegant two-tone decorator paint. The light and bright interior is enhanced by recessed lighting and three ceiling fans, creating a breezy, tranquil ambiance. The kitchen is a standout feature, showcasing crisp white cabinetry, stainless steel appliances, and a clean, modern aesthetic—perfect for everyday living and entertaining. Designer touches abound, including Restoration Hardware-style curtain rods, rings, door knobs, bathroom fixtures, and a sleek shower enclosure. Additional upgrades include an upgraded front door and a new dual-pane sliding glass door leading to the private rear yard—perfect for relaxing or hosting guests. Located just moments from parks, Hiking & Biking trails, top-rated schools, and with convenient access to major transportation corridors, this move-in-ready home blends style, functionality, and an exceptional location.

Nearby schools

8/10
Tijeras Creek Elementary School
Public,K-50.6mi

Price History

Date
Event
Price
10/17/25
Price Change
$975,000-0.5%
10/10/25
Price Change
$980,000-1.8%
09/27/25
Price Change
$998,000-1.7%
09/05/25
Price Change
$1,015,000
07/24/25
Listing
$1,025,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (96 Listings)
Beds34
38%
Baths33
50%
Square foot1,4952,018
14%
Lot Size2,6004,550
3%
Price$975K$1.27M
7%
Price per square foot$652$640
57%
Built year19981994
78%
HOA$85$87
16%
Days on market105162
16%
Condition Rating
Good

The property, built in 1998, is in good, move-in ready condition due to thoughtful upgrades and impeccable maintenance. The interior features modern light wood-look flooring, recessed lighting, and fresh paint. The kitchen boasts crisp white cabinetry and stainless steel appliances, though the tiled countertops are a slightly dated element. Bathrooms are clean and updated with modern fixtures and sleek shower enclosures. While not a brand-new build or a full luxury renovation, the significant updates and overall well-maintained state align with the 'Good' criteria.
Pros & Cons

Pros

Prime Location & Amenities: Ideally situated in a highly desirable neighborhood of Rancho Santa Margarita, moments from parks, hiking/biking trails, top-rated schools (Tijeras Creek Elementary rated 8), and convenient access to major transportation corridors.
Extensive Upgrades & Modern Design: Thoughtfully upgraded with rich, dark beveled hardwood floors, custom baseboards, elegant two-tone paint, recessed lighting, and designer touches including Restoration Hardware-style fixtures throughout.
Move-in Ready Condition: Impeccably maintained and upgraded, including a modern kitchen, upgraded front door, and new dual-pane sliding glass door, making it ready for immediate occupancy with minimal buyer effort.
Modern & Functional Kitchen: The kitchen is a standout feature with crisp white cabinetry, stainless steel appliances, and a clean, modern aesthetic, perfect for everyday living and entertaining.
Low HOA Fees: The property benefits from no local HOA other than SAMLARC, which typically results in lower monthly association fees compared to many other communities in the area.

Cons

Small Lot Size: With a lot size of 2600 sqft, the property offers limited outdoor space, which may be a drawback for buyers seeking larger yards or potential for expansion.
No Scenic View: The property explicitly states 'view:None', which could be a disadvantage in a market where properties with scenic views often command higher prices and desirability.
Potential Overpricing / Price Reductions: The property has undergone multiple price reductions from its original list price and is currently listed significantly above its estimated market value (estimation ratio -7), suggesting it may be overpriced relative to current market conditions.

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